After successfully closing a €8.5m (US$9.3m) Series A financing round last September, led by Astanor Ventures, FoodLabs, Happiness Capital and Faber, alt protein producer, MicroHarvest, has raised €1.5m from new investment partner Simon Capital.
Protein innovator, Arbiom, says aquaculture is still a target market for the company, as it releases the results of a new scientific study evaluating the effectiveness of its alt protein ingredient, SylPro, in pet food.
The US Department of Agriculture’s Animal and Plant Health Inspection Service (APHIS) has released new international regulations for the exports of dry pet food from the US to Vietnam.
Finland based startup, eniferBio, has generated €11m (US$12.05m) in a series A funding round, led by Dutch aquaculture investment fund, Aqua-Spark, with Tesi, Valio, Voima Ventures and Nordic Foodtech VC also participating.
French insect-based ingredients producer, Ÿnsect, is to increase its focus on high-margin markets like pet food and human consumption. It is also closing a production plant in the Netherlands and letting around 20% of its staff go.
MicroHarvest has been selected as a winner in the 2023 BloombergNEF (BNEF) Pioneers awards, which recognize early-stage companies working to introduce technologies and products that can push the world to a net-zero global economy.
Corbion sees continued growth in the aquaculture sector but also opportunities in pet food and human nutrition for its algae-based omega-3 product, AlgaPrime DHA.
FEDIAF, the EU pet food industry organization, warns about the threat to its sector, along with the animal feed and oleochemicals industries of the use of category 3 animal fats in European biofuel production.
The Association of American Feed Control Officials (AAFCO) believes its recommendations for copper concentration in commercial dog foods are appropriate, until scientific data shows otherwise.
There is increasing use of processing animal proteins (PAPs) in European feed formulations, but market and regulatory constraints are still proving a barrier to greater take-up of those ingredients within that sector, say representatives of the EU rendering...
The Yield Lab Asia Pacific is the latest investor in Asian insect ingredient developer, Protenga. The Singapore-based company’s most recent funding round also saw participation from SEEDS Capital and JBI Innovations.
Mini-insect farm developer, Better Origin, has raised $16m. The funding round was led by Balderton Capital but existing investors Fly Ventures and Metavallon VC also participated.
A US federal court has ordered a Carneys Point, New Jersey company to stop to stop selling and manufacturing raw pet food until it can show adherence to federal law.
Arbiom has received a grant of €12m (US$13.2m) from the France Relance investment program. The French-US company is focused on the production of proteins for feed and food applications, based on the use of agricultural and wood residues.
Protenga has closed a US$2m venture debt facility with a syndicate of Singapore-based investors to develop its next generation production facilities and launch YumGrubs, its new pet food brand.
French innovator, InnovaFeed, has announced a strategic partnership with ADM Petfood to pioneer large scale commercialization of insect protein in pet food in the US.
US feedstuffs handler, Scoular, recently announced that it has selected Jerome, Idaho, as the location to manufacture a new plant-based alternative protein made from barley.
Edinburgh-based biotech startup, MiAlgae, has received investment of £1m (US$1.3m) in total to focus on the commercialization of its microalgae product, targeting the aquaculture and pet food sectors.
